GHST World Inc., a company engaged in the development of innovative sports equipment and clean energy projects, has released its Form 10-Q report for the quarter finished December 31, 2025. The report provides a detailed overview of the company’s financial performance and operational highlights, reflecting both the challenges and opportunities faced by the company in its diverse business ventures.
Financial Highlights
Revenues: GHST World Inc. reported revenues of $10,367 for the three months finished December 31, 2025, compared to $4,872 for the same period in 2024, reflecting an increase due to improved sales performance. For the six months finished December 31, 2025, revenues were $13,852, a significant decrease from $50,604 for the same period in 2024.
Net Loss: The company reported a net loss of $(15,935) for the three months finished December 31, 2025, compared to $(45,714) for the same period in 2024, displaying a reduction in losses due to decreased operating expenses. For the six months finished December 31, 2025, the net loss was $(50,153), compared to $(58,431) for the same period in 2024, indicating a slight improvement in financial performance.
Net Loss Per Common Share: The net loss per common share, both basic and diluted, remained consistent at $(0.00) for the three and six months finished December 31, 2025, and 2024.
Business Highlights
Smart Shin Guard Development: GHST World Inc. is focapplying on exploiting its patent for the Smart Shin Guard, a wearable protective device designed for sports, which includes data collection and analysis technology. The company plans to market this product to athletes and sports teams, with an initial focus on soccer teams both in the U.S. and internationally.
Clean Energy Initiatives: The company has entered into agreements for a new clean energy business in Italy, involving the purchase of surface rights for solar energy projects. This includes the construction of solar energy plants by Green Capital SRL, an Italian company tinquireed with raising capital for these projects.
Revenue Segments: GHST World Inc. derives most of its revenues from consulting services provided to the energy sector for the construction of solar energy plants. These services are contractual and contain identified performance obligations.
Operational Challenges: GHST World Inc. has not generated consistent revenue sufficient to offset operating losses and requires substantial additional financing to continue the development and commercialization of its business plan.
Future Outview: The company expects to generate revenue from the sale of electricity to third parties and from its arrangements with Green Capital, contingent upon successful capital raising and construction of solar plants. However, there are no assurances of generating material revenue consistently.
Liquidity Concerns: The company has expressed substantial doubt about its ability to continue as a going concern for the next 12 months without raising the required capital or generating material revenue to fund operations.
Strategic Focus: GHST World Inc. is focapplying on multiple business ventures, including the Smart Shin Guard and clean energy projects, which may delay revenue generation due to limited resources and personnel.
SEC Filing: GHST World Inc. [ GHST ] – 10-Q – Feb. 11, 2026
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